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Hong Kong (HSI) IT Industry Analysis

UpdatedJun 17, 2025
DataAggregated Company Financials
Companies36
  • 7D0.6%
  • 3M-16.4%
  • 1Y44.5%
  • YTD20.2%

Last week, the IT industry hasn't moved much but Chinasoft International is up 3.6% in that time. The past year has been better, since the industry has gained 45% in that time. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Hong Kong IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Jun 2025HK$86.2bHK$61.4bHK$343.1m14.3x251.3x1.4x
Thu, 15 May 2025HK$91.3bHK$60.9bHK$350.5m13.1x260.5x1.5x
Sat, 12 Apr 2025HK$83.3bHK$60.0bHK$356.7m13x233.5x1.4x
Mon, 10 Mar 2025HK$86.2bHK$60.2b-HK$978,469,661.8318.1x-88.1x1.4x
Wed, 05 Feb 2025HK$59.2bHK$60.0b-HK$1,030,631,607.1614.7x-57.5x1x
Fri, 03 Jan 2025HK$56.1bHK$59.6b-HK$1,016,315,840.0514.3x-55.2x0.9x
Sun, 01 Dec 2024HK$57.4bHK$60.3b-HK$747,546,071.9715.3x-76.8x1x
Tue, 29 Oct 2024HK$55.2bHK$61.0b-HK$767,529,237.7218.3x-72x0.9x
Thu, 26 Sep 2024HK$49.7bHK$61.2b-HK$812,458,725.1414.4x-61.1x0.8x
Sat, 24 Aug 2024HK$49.0bHK$59.7b-HK$1,463,512,922.6114.4x-33.5x0.8x
Mon, 22 Jul 2024HK$49.0bHK$59.6b-HK$1,272,898,360.6113.3x-38.5x0.8x
Wed, 19 Jun 2024HK$48.9bHK$59.2b-HK$1,287,195,546.7114.4x-38x0.8x
Fri, 17 May 2024HK$48.0bHK$58.5b-HK$1,335,640,737.4214.3x-35.9x0.8x
Sun, 14 Apr 2024HK$43.8bHK$58.5b-HK$1,330,266,537.2913.2x-33x0.7x
Tue, 12 Mar 2024HK$46.5bHK$58.9bHK$1.2b9.4x40.1x0.8x
Thu, 08 Feb 2024HK$42.9bHK$59.1bHK$1.2b10.6x36x0.7x
Sat, 06 Jan 2024HK$50.6bHK$60.0bHK$1.1b10.5x46.5x0.8x
Mon, 04 Dec 2023HK$57.1bHK$60.5bHK$1.1b12.8x51.5x0.9x
Wed, 01 Nov 2023HK$53.2bHK$59.2bHK$1.1b10.7x48.7x0.9x
Fri, 29 Sep 2023HK$55.3bHK$59.0bHK$997.6m11.8x55.4x0.9x
Sun, 27 Aug 2023HK$57.0bHK$57.7bHK$1.0b11.2x54.3x1x
Tue, 25 Jul 2023HK$51.1bHK$58.0bHK$2.0b12.1x25.1x0.9x
Thu, 22 Jun 2023HK$52.8bHK$57.8bHK$2.0b10.1x26.5x0.9x
Sat, 20 May 2023HK$51.4bHK$59.0bHK$2.0b7.7x25.5x0.9x
Mon, 17 Apr 2023HK$53.4bHK$57.8bHK$1.9b10.1x27.6x0.9x
Wed, 15 Mar 2023HK$114.7bHK$74.9bHK$4.9b10.9x23.2x1.5x
Fri, 10 Feb 2023HK$128.6bHK$75.2bHK$5.0b11.5x25.9x1.7x
Sun, 08 Jan 2023HK$129.7bHK$74.6bHK$4.9b11.2x26.3x1.7x
Tue, 06 Dec 2022HK$119.0bHK$73.3bHK$4.8b10.9x24.7x1.6x
Thu, 03 Nov 2022HK$105.0bHK$72.6bHK$4.7b11.4x22.3x1.4x
Sat, 01 Oct 2022HK$98.8bHK$73.3bHK$4.8b11.2x20.8x1.3x
Mon, 29 Aug 2022HK$114.1bHK$72.3bHK$5.1b11.7x22.5x1.6x
Wed, 27 Jul 2022HK$120.5bHK$74.2bHK$7.5b11.5x16x1.6x
Fri, 24 Jun 2022HK$119.4bHK$73.7bHK$7.5b11.4x15.8x1.6x
Price to Earnings Ratio

15.8x


Total Market Cap: HK$119.4bTotal Earnings: HK$7.5bTotal Revenue: HK$73.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong IT Industry Price to Earnings3Y Average 19.5x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 251x which is higher than its 3-year average PE of 19.5x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 64% per year over the last three years,
  • Revenues have also declined 5.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Hong Kong Tech industry?

HK Market1.74%
Tech-1.19%
IT0.56%
Data Processing Services27.43%
Internet Services and Infrastructure4.21%
IT Consulting-1.61%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 22.9x.
    • Analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings decline of 3.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 58% over the next 5 years.
  • This is better than its past earnings decline of 5.3% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
354 Chinasoft InternationalHK$4.953.6%
+HK$423.3m
15.1%PE22x
3680 Ruihe Data Technology HoldingsHK$1.0922.5%
+HK$158.2m
-9.9%PS2.1x
6657 BaiwangHK$37.451.5%
+HK$124.2m
n/aPS11.7x
861 Digital China HoldingsHK$3.381.8%
+HK$100.4m
-1.5%PS0.3x
1204 BoardWare Intelligence TechnologyHK$1.5510.7%
+HK$75.0m
-58.1%PE814.1x
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2477

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3680

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2416

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2176

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8611

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34.9%

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2495

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1204

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10.7%

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2501

HK$0.85

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6657

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n/a